Wallbridge Mining (TSE:WM) Trading Down 6.5% - What's Next?

Key Points

• Wallbridge Mining's stock fell by 6.5% to C$0.11, marking a notable increase in trading volume.
• The company has a market capitalization of C$120.98 million and operates in the acquisition and production of metals including gold and copper.
• Wallbridge Mining's financials include a debt-to-equity ratio of 0.01, indicating low debt levels compared to equity.

Wallbridge Mining Company Limited (TSE:WM - ) shares traded down 6.5% during mid-day trading on Friday . The company traded as low as C$0.11 and last traded at C$0.11. 1,421,515 shares traded hands during mid-day trading, an increase of 62% from the average session volume of 879,355 shares. The stock had previously closed at C$0.12.

Wallbridge Mining Stock Down 4.3%

The company has a debt-to-equity ratio of 0.01, a current ratio of 5.74 and a quick ratio of 4.05. The stock has a market capitalization of C$120.98 million, a price-to-earnings ratio of -11.00 and a beta of 1.20. The firm's fifty day moving average is C$0.09 and its 200-day moving average is C$0.07.

Wallbridge Mining Company Profile

Wallbridge Mining Co Ltd is engaged in the acquisition, discovery, development, and production of metals focusing on gold, copper, nickel and platinum group metals. The company owns Sudbury Projects, Quebec Projects and Equity Investments. Wallbridge completed operations at its first polymetallic mine, producing copper, platinum, palladium, and gold from the Broken Hammer.

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